Verichains and The Blockchain Center Abu Dhabi Partner to Transform Blockchain Security in UAE & MENA Region
Abu Dhabi, December 9, 2024 – The Blockchain Center Abu Dhabi (ADBC) and Verichains, a global leader in finance and blockchain cybersecurity, have announced a strategic joint venture at the inaugural Bitcoin MENA 2024. This partnership aims to redefine blockchain security across the Middle East region, delivering technical excellence and comprehensive services to strengthen trust, resilience, and sustainable innovation in the Web3 ecosystem.
The joint venture is poised to support blockchain developers, businesses, and institutions throughout every stage of their journey, from early development to operational maturity. This partnership reflects a shared vision to provide a secure foundation to promote and develop blockchain technologies in the region, unlocking its potential for economic growth and technological leadership.
Enabling Security at Every Stage of Blockchain Development
“Blockchain innovation can only thrive when it’s built on a foundation of trust and security,” said Abdullah Dhaheri, CEO of The Blockchain Center Abu Dhabi. “This partnership with Verichains brings unparalleled expertise to the region, ensuring that blockchain companies have access to the technical support needed to develop and grow their project. Announcing this initiative at Bitcoin MENA 2024 underscores our commitment to fostering a secure and vibrant blockchain ecosystem for the MENA region.”
Through its comprehensive security services, Verichains will enable developers to tackle key challenges at every stage of the development cycle:
Early Design and Architecture Review: Assisting teams in designing secure and scalable blockchain systems from the ground up, helping projects avoid costly codebase rework.
Audits and Pre-Deployment Assessments: Identifying vulnerabilities in the protocol and smart contracts before projects go live, providing technical assurance for developers, users and investors alike.
Post-Deployment Services: Offering regular penetration testing, threat modeling, and security assessments to keep live projects resilient to emerging risks.
Incident Response Services: Providing rapid response and mitigation services for projects facing security threats, minimizing downtime and protecting assets.
Empowering Trust Through Security for MENA’s Blockchain Ecosystem
The MENA region is experiencing a surge in blockchain adoption and expansive digital transformation across industries including finance, logistics, and public services, the need for strong security has never been more important. The partnership will play a key role by tackling these challenges, helping to position the UAE as a center of excellence for blockchain technology.
“We are thrilled to bring our world-class security expertise to foster a secure and trusted blockchain ecosystem in the region, fully supporting ADBC’s vision of driving innovation and positioning Abu Dhabi as a global leader in blockchain technology and decentralized ecosystems”, said Thanh Nguyen, Founder of Verichains.
As blockchain becomes central to digital transformation, MENA is uniquely positioned to become a global hub for blockchain technology. This joint venture ensures that the region has the security infrastructure needed to capitalize on its potential while minimizing risks to projects and users alike.
About Verichains
Verichains is a globally recognized provider of finance and Web3 security solutions, integrating deep cybersecurity expertise in both traditional and decentralized finance to safeguard our customers. With a proven track record of protecting billions of dollars in digital assets, Verichains is trusted by leading global clients such as Binance, Bullish Exchange, Galaxy Digital, Line Corp, BNB Chain, SUI, Aptos, Polygon, and numerous banks and government agencies.
About The Blockchain Center Abu Dhabi (ADBC)
The Blockchain Center Abu Dhabi Blockchain (ADBC) is a leading institution committed to advancing blockchain innovation and adoption. By fostering collaboration, education, and research, ADBC is building a secure and thriving blockchain ecosystem aligned with the region’s digital transformation goals.